If you want to be literal about it then sure, it just means read-eval-print loop. But I think that's akin to saying that a functional programming language is a language that has functions in it.

EDIT: To be clear, what I'm saying is that when people say 'I really love using Common Lisp because it has a REPL' they aren't saying 'I really love using Common Lisp because it has a prompt I can write raw strings of code into that executes that code and has no other features'. That's not a lovable feature.

People love Lisp REPLs because there's much more to them than that. In Lisp, the REPL is more like GDB than it is like Python's REPL.

Not really sure why the reaction to my comments here is so viscerally negative. Very few terms that we use are wholly literal. REPL isn't literal either.